-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DkmN5Si7gE1tOmukRZXqDpb2OgahoD3O2lslVg52U9ZGxMgpa6cfyYg5FTwcyAgJ khqr+7cDiQylRwQl7OYXCw== 0001012168-99-000002.txt : 19990114 0001012168-99-000002.hdr.sgml : 19990114 ACCESSION NUMBER: 0001012168-99-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990113 GROUP MEMBERS: ANDREW B. FREMDER GROUP MEMBERS: DAVID I. COHEN GROUP MEMBERS: ENRIQUE H. BOILINI GROUP MEMBERS: FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P. GROUP MEMBERS: FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P. GROUP MEMBERS: FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P. GROUP MEMBERS: FARALLON CAPITAL MANAGEMENT LLC /ADV GROUP MEMBERS: FARALLON CAPITAL PARTNERS, L.P. GROUP MEMBERS: FARALLON PARTNERS, L.L.C. GROUP MEMBERS: FLEUR E. FAIRMAN GROUP MEMBERS: JASON M. FISH GROUP MEMBERS: JOSEPH F. DOWNES GROUP MEMBERS: MERIDEE A. MOORE GROUP MEMBERS: RICHARD B. FRIED GROUP MEMBERS: STEPHEN L. MILLHAM GROUP MEMBERS: THOMAS F. STEYER GROUP MEMBERS: TINICUM PARTNERS, L.P. GROUP MEMBERS: WILLIAM F. DUHAMEL GROUP MEMBERS: WILLIAM F. MELLIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CLINICHEM DEVELOPMENT INC CENTRAL INDEX KEY: 0001054396 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-54385 FILM NUMBER: 99505835 BUSINESS ADDRESS: STREET 1: 275 ARMAND FRAPPIER BOULEVARD CITY: LAVAL PROVICE QUEBEC STATE: A8 ZIP: 00000 BUSINESS PHONE: 5146811744 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FARALLON CAPITAL MANAGEMENT LLC /ADV CENTRAL INDEX KEY: 0001012168 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943240279 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE MARITIME PLZ STREET 2: STE 1325 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4154212132 MAIL ADDRESS: STREET 1: ONE MARITIME PLAZA SUITE 1325 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G/A 1 AMENDMENT NO. 1 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1) (1) CliniChem Development Inc. (Name of Issuer) Callable Class A Common Shares, no par value (Title of Class of Securities) 186906103 (CUSIP Number) January 13, 1999 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) (Continued on following pages) Page 1 of 33 Pages Exhibit Index Found on Page 31 - ----------- 1 The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Partners, L.P. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 39,600 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 39,600 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 39,600 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.5 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* PN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners, L.P. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 67,100 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 67,100 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,100 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.5 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* PN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners II, L.P. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 15,100 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 15,100 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,100 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.6 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* PN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Institutional Partners III, L.P. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 11,400 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 11,400 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,400 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* PN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Tinicum Partners, L.P. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 3,900 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 3,900 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,900 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.1 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* PN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 6 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Capital Management, L.L.C. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 117,400 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 117,400 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 117,400 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IA, OO - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 7 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Farallon Partners, L.L.C. - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 137,100 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 137,100 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 137,100 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* OO - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 8 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Enrique H. Boilini - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION Argentina - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 9 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) David I. Cohen - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION South Africa - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 10 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Joseph F. Downes - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 11 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) William F. Duhamel - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 12 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fleur E. Fairman - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 137,100 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 137,100 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 137,100 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 13 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Jason M. Fish - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 14 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Andrew B. Fremder - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 15 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Richard B. Fried - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 16 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) William F. Mellin - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 17 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Stephen L. Millham - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 18 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Meridee A. Moore - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 19 of 33 Pages 13G =============================== CUSIP No. 186906103 =============================== - ---------====================================================================== 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Thomas F. Steyer - ---------====================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ X ] - ---------====================================================================== 3 SEC USE ONLY - ---------====================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------========================================================= NUMBER OF 5 SOLE VOTING POWER SHARES -0- ------========================================================= BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 254,500 ------========================================================= EACH 7 SOLE DISPOSITIVE POWER REPORTING -0- ------========================================================= PERSON WITH 8 SHARED DISPOSITIVE POWER 254,500 - ---------====================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 254,500 - ---------====================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ---------====================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4 % - ---------====================================================================== 12 TYPE OF REPORTING PERSON* IN - ---------====================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 20 of 33 Pages This Amendment No. 1 to Schedule 13G amends the Schedule 13G initially filed on August 28, 1998 (collectively, with all amendments thereto, the "Schedule 13G"). Item 1. Issuer (a) Name of Issuer: CliniChem Development Inc. (b) Address of Issuer's Principal Executive Offices: 275 Armand-Frappier Boulevard, Laval, Quebec, Canada H7V 4A7 Item 2. Identity and Background. A. Farallon Capital Partners, L.P. ("FCP") (a) Farallon Capital Partners, L.P. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) California (d) Callable Class A Common Shares, no par value (the "Shares") (e) CUSIP No. 186906103 B. Farallon Capital Institutional Partners, L.P. ("FCIP") (a) Farallon Capital Institutional Partners, L.P. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) California (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. C. Farallon Capital Institutional Partners II, L.P. ("FCIP II") (a) Farallon Capital Institutional Partners II, L.P. Page 21 of 33 Pages (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) California (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. D. Farallon Capital Institutional Partners III, L.P. ("FCIP III") (a) Farallon Capital Institutional Partners III, L.P. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) Delaware (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. E. Tinicum Partners, L.P. ("TINICUM") (a) Tinicum Partners, L.P. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) New York (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. F. Farallon Capital Management, L.L.C. ("FCMLLC") (a) Farallon Capital Management, L.L.C. (b) One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) Delaware Page 22 of 33 Pages (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. G. Farallon Partners, L.L.C. ("FPLLC") (a) Farallon Partners, L.L.C. (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) Delaware (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. H. Enrique H. Boilini ("Boilini") (a) Enrique H. Boilini (b) c/o Farallon Capital Management, L.L.C. 75 Holly Hill Lane Greenwich, CT 06830 (c) Argentina (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. I. David I. Cohen ("Cohen") (a) David I. Cohen (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) South Africa (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. J. Joseph F. Downes ("Downes") (a) Joseph F. Downes Page 23 of 33 Pages (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. K. William F. Duhamel ("Duhamel") (a) William F. Duhamel (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. L. Fleur E. Fairman ("Fairman") (a) Fleur E. Fairman (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. M. Jason M. Fish ("Fish") (a) Jason M. Fish (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 Page 24 of 33 Pages (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. N. Andrew B. Fremder ("Fremder") (a) Andrew B. Fremder (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. O. Richard B. Fried ("Fried") (a) Richard B. Fried (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. P. William F. Mellin ("Mellin") (a) William F. Mellin (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. Page 25 of 33 Pages Q. Stephen L. Millham ("Millham") (a) Stephen L. Millham (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. R. Meridee A. Moore ("Moore") (a) Meridee A. Moore (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. S. Thomas F. Steyer ("Steyer") (a) Thomas F. Steyer (b) c/o Farallon Capital Management, L.L.C. One Maritime Plaza Suite 1325 San Francisco, CA 94111 (c) United States (d)(e)The information set forth in (d) and (e) of Item 2(A) above is incorporated herein. With respect to the persons or entities listed above: (i) FCP is filing with respect to the Shares held by it; (ii) FCIP is filing with respect to the Shares held by it: (iii) FCIP II is filing with respect to the Shares held by it; (iv) FCIP III is filing with respect to the Shares held by it; (v) Tinicum (collectively, with FCP, FCIP, FCIP II and FCIP III, the "Partnerships") is filing with respect to the Shares held by it; (vi) FCMLLC is filing with respect to the Shares held by Farallon Page 26 of 33 Pages Capital Offshore Investors, Inc., a British Virgin Islands corporation ("Offshore"), and certain other accounts managed by FCMLLC (together with Offshore, the "Managed Accounts" (2)); (vii) FPLLC is filing with respect to the Shares held by each of the Partnerships; (viii) each of Boilini, Cohen, Downes, Duhamel, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer is filing with respect to the Shares held by each of the Partnerships and the Managed Accounts; and (ix) Fairman is filing with respect to the Shares held by each of the Partnerships (FCP, FCIP, FCIP II, FCIP III, Tinicum, FCMLLC, FPLLC, Boilini, Cohen, Downes, Duhamel, Fairman, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer shall collectively be referred to hereafter as the "Reporting Persons"). The Shares reported hereby for the Partnerships are owned directly by the Partnerships and those reported by FCMLLC on behalf of the Managed Accounts are owned directly by the Managed Accounts. Each of Boilini, Cohen, Downes, Duhamel, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer may be deemed, as managing members of FPLLC and FCMLLC, to be the beneficial owner of all such Shares. Each of FPLLC and Fairman, as a managing member of FPLLC, may be deemed to be the beneficial owner of all such Shares owned by the Partnerships. FCMLLC may be deemed to be the beneficial owner of all such Shares owned by the Managed Accounts. Each of FCMLLC, FPLLC, Boilini, Cohen, Downes, Duhamel, Fairman, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer hereby disclaims any beneficial ownership of any such Shares. Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment Company registered under Section 8 of the Investment Company Act. (e) [ ] An Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(ii)(F); (g) [ ] A Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(ii)(G); (h) [ ] A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act; - ----------- 2 Of the Shares reported by FCMLLC on behalf of the Managed Accounts, 3,000 Shares (equal to approximately 0.1 % of the total Shares currently outstanding) are held by The Absolute Return Fund of The Common Fund, a non-profit corporation whose principal address is 450 Post Road East, Westport, Connecticut 06881. Page 27 of 33 Pages (i) [ ] A church plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [X] Item 4. Ownership (a) Amount Beneficially Owned: The information set forth in Row (9) of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. (b) Percent of Class: The information set forth in Row (11) of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: The information set forth in Row (5) of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. (ii) shared power to vote or to direct the vote: The information set forth in Row (6) of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. (iii) sole power to dispose or to direct the disposition of: The information set forth in Row (7) of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. (iv) shared power to dispose or to direct the disposition of: The information set forth in Row 8 of the cover page hereto for each Reporting Person is incorporated herein by reference for each such Reporting Person. The Shares reported hereby for the Partnerships are owned directly by the Partnerships and those reported by FCMLLC on behalf of the Managed Accounts are owned directly by the Managed Page 28 of 33 Pages Accounts. Each of Boilini, Cohen, Downes, Duhamel, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer may be deemed, as managing members of FPLLC and FCMLLC, to be the beneficial owner of all such Shares. Each of FPLLC and Fairman, as a managing member of FPLLC, may be deemed to be the beneficial owner of all such Shares owned by the Partnerships. FCMLLC may be deemed to be the beneficial owner of all such Shares owned by the Managed Accounts. Each of FCMLLC, FPLLC, Boilini, Cohen, Downes, Duhamel, Fairman, Fish, Fremder, Fried, Mellin, Millham, Moore and Steyer hereby disclaims any beneficial ownership of any such Shares. Item 5. Ownership of Five Percent or Less of a Class Not Applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not Applicable. Item 8. Identification and Classification of Members of the Group Not Applicable. Item 9. Notice of Dissolution of Group Not Applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Page 29 of 33 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: January 13, 1999 /s/ Thomas F. Steyer ---------------------------------------- FARALLON PARTNERS, L.L.C., on its own behalf and as General Partner of FARALLON CAPITAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P., FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P., and TINICUM PARTNERS, L.P. by Thomas F. Steyer, Senior Managing Member /s/ Thomas F. Steyer ---------------------------------------- FARALLON CAPITAL MANAGEMENT, L.L.C. By Thomas F. Steyer, Senior Managing Member /s/ Thomas F. Steyer ---------------------------------------- Thomas F. Steyer, individually and as attorney-in-fact for each of Enrique H. Boilini, David I. Cohen, Joseph F. Downes, William F. Duhamel, Fleur E. Fairman, Jason M. Fish, Andrew B. Fremder, Richard B. Fried, William F. Mellin, Stephen L. Millham, and Meridee A. Moore. The Powers of Attorney, each executed by Boilini, Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore, authorizing Steyer to sign and file this Schedule 13G on each person's behalf which were filed with Amendment No. 1 to the Schedule 13D filed with the Securities and Exchange Commission on September 26, 1997, by such Reporting Persons with respect to the Common Stock of Sphere Drake Holdings Limited, are hereby incorporated by reference. The Powers of Attorney, each executed by Duhamel and Fried, authorizing Steyer to sign and file this Schedule 13G on behalf of each of Duhamel and Fried are attached hereto and filed herewith. Page 30 of 33 Pages EXHIBIT INDEX EXHIBIT 1 Power of Attorney by William F. Duhamel in favor of Thomas F. Steyer EXHIBIT 2 Power of Attorney by Richard B. Fried in favor of Thomas F. Steyer Page 31 of 33 Pages EXHIBIT 1 to SCHEDULE 13G POWER OF ATTORNEY The undersigned hereby appoints Thomas F. Steyer his true and lawful attorney-in-fact and agent to execute and file with the Securities and Exchange Commission any Schedule 13D, Schedule 13G, any amendments thereto or any related documentation which may be required to be filed in his individual capacity as a result of the undersigned's position as managing member of FCMLLC and/or FPLLC, and granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing which he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, may lawfully do or cause to be done by virtue hereof. The authority of Thomas F. Steyer under this Power of Attorney shall continue with respect to the undersigned until the undersigned is no longer required to File Schedule 13Ds or 13Gs unless revoked earlier in writing. Date: January 13, 1999 By: /s/ William F. Duhamel ---------------------------- Name: William F. Duhamel Page 32 of 33 Pages EXHIBIT 2 to SCHEDULE 13G POWER OF ATTORNEY The undersigned hereby appoints Thomas F. Steyer his true and lawful attorney-in-fact and agent to execute and file with the Securities and Exchange Commission any Schedule 13D, Schedule 13G, any amendments thereto or any related documentation which may be required to be filed in his individual capacity as a result of the undersigned's position as managing member of FCMLLC and/or FPLLC, and granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing which he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, may lawfully do or cause to be done by virtue hereof. The authority of Thomas F. Steyer under this Power of Attorney shall continue with respect to the undersigned until the undersigned is no longer required to File Schedule 13Ds or 13Gs unless revoked earlier in writing. Date: January 13, 1999 By: /s/ Richard B. Fried ---------------------------- Name: Richard B. Fried Page 33 of 33 Pages -----END PRIVACY-ENHANCED MESSAGE-----